Richard S. Ressler - Dec 16, 2021 Form 4 Insider Report for CIM REAL ESTATE FINANCE TRUST, INC. (NONE)

Role: CEO & President, Director
Signature: /s/ Richard S. Ressler
Stock symbol: NONE
Transactions as of: Dec 16, 2021
Transactions value $: $0
Form type: 4
Date filed: 12/16/2021, 12:21 PM
Previous filing: Dec 3, 2021
Next filing: May 10, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NONE	Common Stock	Award		+549K			549K	Dec 16, 2021	By CIM Income NAV Management, LLC	F1, F2
holding	NONE	Common Stock						20K	Dec 16, 2021	By CIM Real Estate Finance Management, LLC	F3
holding	NONE	Common Stock						22K	Dec 16, 2021	By Cole Corporate Income Management III, LLC	F4
holding	NONE	Common Stock						340K	Dec 16, 2021	By Cole REIT Management V, LLC	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	CIM Income NAV Management, LLC acquired 548,924.83 shares of the issuer's common stock pursuant to a merger between the issuer, CIM Income NAV, Inc. and Cypress Merger Sub, LLC. On the effective date of the merger, December 16, 2021, the net asset value of the issuer's common stock was $7.20 per share.
F2	The reporting person, Avraham Shemesh and Shaul Kuba may be deemed to beneficially own the shares owned by CIM Income NAV Management, LLC because of their positions with CIM Group, LLC, which is the sole common equity member of CCO Group, LLC, which owns and controls CIM Income NAV Management, LLC. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his indirect pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F3	The reporting person, Avraham Shemesh and Shaul Kuba may be deemed to beneficially own the shares owned by CIM Real Estate Finance Management, LLC because of their positions with CIM Group, LLC, which is the sole common equity member of CCO Group, LLC, which owns and controls CIM Real Estate Finance Management, LLC. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his indirect pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F4	The reporting person, Avraham Shemesh and Shaul Kuba may be deemed to beneficially own the shares owned by Cole Corporate Income Management III, LLC because of their positions with CIM Group, LLC, which is the sole common equity member of CCO Group, LLC, which owns and controls Cole Corporate Income Management III, LLC. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his indirect pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F5	The reporting person, Avraham Shemesh and Shaul Kuba may be deemed to beneficially own the shares owned by Cole REIT Management V, LLC because of their positions with CIM Group, LLC, which is the sole common equity member of CCO Group, LLC, which owns and controls Cole REIT Management V, LLC. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his indirect pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.